EWZ -1.18% - overnight: The Trump administration said on Wednesday that it would impose a new 25 percent tariff on Brazil next week, arguing
EWZ -1.18% - overnight: The Trump administration said on Wednesday that it would impose a new 25 percent tariff on Brazil next week, arguing that the Country had adopted a range of unfair trade practices against the United States. The tariff will apply to thousands of Brazilian products, but will exempt several major categories of exports, including oil and gas, beef, Coffee, oranges, and Aircraft Parts. The tariff will apply to Brazilian ethanol, a Senior administration official said, and take effect next Wednesday. NYT
EWZ -1.18% - overnight: The Trump administration said on Wednesday that it would impose a new 25 percent tariff on Brazil next week, arguing that the Country had adopted a range of unfair trade practices against the United States.
The tariff will apply to thousands of Brazilian products, but will exempt several major categories of exports, including oil and gas, beef, Coffee, oranges, and Aircraft Parts.
The tariff will apply to Brazilian ethanol, a Senior administration official said, and take effect next Wednesday.
NYT